A project requires an initial investment of $$ 1,000,000$ and then earns net cash inflows of $$

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A project requires an initial investment of $\$ 1,000,000$ and then earns net cash inflows of $\$ 150,000$ per year for 7 years.

What is the project's payback period?

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P2 Advanced Management Accounting

ISBN: 9781839962363

1st Edition

Authors: Kaplan

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Question Posted: Mar 21, 2024 11:00 PM

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A project requires an initial investment of $$ 1,000,000$ and then earns net cash inflows of $$

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P2 Advanced Management Accounting

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